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To: Susan Saline who wrote (7593)5/2/1998 3:51:00 PM
From: Dave Shares  Respond to of 9262
 
Sue,

Your opinion is appreciated. I don't long term hold anything, it is just not in my blood at this stage of my life...hey, life is too short anyway <g>

I am looking at this as a short term play..it looks like an ascending triangle, and if it breaks out, I look for momentum to carry it for a short term gain.

But you didn't answer my other question, which is whether it is worth a trade at support if it falls back to that level, with a possibility of breaking out of the triangle to the upside. I know you like to buy at a discount when you can, so I can think of no one better to answer this question than you. And by the way, I say that with total respect, as I think you are one fine trader.

David

p.s. the fundamentals are less than stellar, but that would be more of a concern to me for a long term hold.